Whatcom County Real Estate Statistics - November 2017

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Whatcom County Washington November 2017 with comparisons to past years © 1991-2017 Real Estats Inc, All Rights Reserved • Real Estats is a registered trademark To quote from Real Estats’ reports for distribution in any way, you must obtain rights to do so. Real Estats publishes reports in the following counties: Oregon Benton, Clackamas, Deschutes, Lane, Marion, Multnomah, Washington Washington Clark, King, Kitsap, Pierce, Skagit, Snohomish, Thurston, Whatcom

Data used: Recorded transactions from county records

REAL ESTATS, INC P O Box 74 Battle Ground, WA 98604-0074 360.798.4014 lam@realestats.net

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

HIGHLIGHTS November 2017 (vs. prior month)     

Residential sales volume: down 14% Residential transactions: down 20% Existing home transactions: down 11% New home transactions: down 48% Attached units sold: down 12%

Year-to-date 2017      

Residential sales volume: up 6% to $1.4 billion

269 New Single Family Detached 2,683 Existing Homes 617 Condos and Townhomes

Residential transactions: down 4% to 3,917 Plexes (2-5 units) sales: up 7% to $31 million Land sales: up 10% to $94 million Commercial volume: up 23% to $253 million Average residence: $351,531, up 10%

Foreclosed Single Family Detached Sales      

Sold in 2017

(vs. Year-to-date 2016)

(vs. 2016)

4.8 sold monthly, down 21% Average sale price: $198,031, down 11% Average $/SF: $132.24, unchanged and 39% less than non-foreclosed sales 15 properties are in some state of foreclosure, down 73% from a year ago 2% of existing home sales were foreclosed properties 9 properties in foreclosure represent 1% of the homes for sale

New Single Family Homes (vs. Year-to-date 2016)       

Average sale price: $432,869, up 12% Median sale price: $420,000, up 15% The average $/SF: $204.04, up 4% New homes represent 10% of volume and 9% of units recorded 269 sold vs. 225 sold last year, up 20%; volume: up 34% to $116 million Best range: $400,001 - $450,000 with 5.1 sales per month, up 42% from last year Inventory represents 2.7 months of supply, a sellers’ market

6 homes built 1900 to 2006 were classified as existing though marked by county as new Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

HIGHLIGHTS

WHATCOM County Washington November 2017

(continued)

Existing Homes (vs. Year-to-date 2016)       

Units sold: down 8%; volume: up 2% to $1 billion 2,683 units sold this year vs. 2,914 last year Average price: $385,167, up 11% Half the homes (median) sold for more than $342,000, up 10% Average $/SF for homes sold at $215.51 (all sales), up 12% Best range: $300,001 - $350,000 with 44.8 recorded monthly, up 2% from last year Inventory represents 1.5 months of supply, a strong sellers’ market

Attached (vs. Year-to-date 2016) Includes townhome, row home, and commons and <3,000 SF lots         

Average sale price: $250,758, up 19%; Median $215,000, up 14% Existing median: $210,000, up 15%; New median: $314,000, up 3% 617 sold vs. 622, down 1% (7% new, 41 units); volume: up 18% to $155 million Average $/SF, Existing: $218.14, up 12% from last year’s average Average $/SF, New: $285.38, up 17% Best range, existing: $50,000 - $175,000 with 17.5 monthly, down 29% from last year Existing inventory represents 1.4 months of supply, a strong sellers’ market Best ranges, new: $275,001 - 300,001 - $350,000, each with 1.2 monthly New inventory represents 10.2 months of supply, a strong buyers’ market

Subdivisions (vs. 2016)       

The average lot sold for $109,042, up 8% Half the lots (median) sold for less than $96,000, up 12% 45 sold vs. 34.4 monthly last year, up 31% Best range: $75,001 - $100,000 with 13.1 recorded monthly, up 45% The average lot represents 25.2% of the average new home; 22.9% median to median 11.8 acreage lots sold monthly vs. 13.9 monthly last year, down 15% The average acreage lot sold for $168,693, up 27%; average/acre: $58,283, up 33%

Comments Record prices with nothing to indicate a slowing in the housing market other than the seasonal quiet. The markets are strong, rates are low, even with the Federal Reserve raising the short-term rates, and money is available. All is well for the foreseeable future.

Have a wonderful Holiday Season Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Top Subdivisions/Projects by Units Recorded Year-to-date Rank #

Subdivision/Project

#

Total Volume

Short Plat/Lot Line Adj/Survey

16

$6,697,815

$878,000

1

North Prairie

26

$9,608,499

$493,500

2

The Meadows

22

$9,795,488

$499,000

$380,000

$445,249

$208.16

7.1%

3

Spring Vista

15

$4,402,258

$315,000

$274,900

$293,484

$229.65

4.8%

4

Cottages @ Cordata

14

$4,394,090

$354,845

$267,225

$313,864

$247.38

4.5%

5

Hovel Estates

8

$2,394,930

$323,275

$262,000

$299,366

$137.62

2.6%

6

Birch Street

7

$3,804,187

$580,243

$506,843

$543,455

$258.22

2.3%

7

Birch Bay Village

7

$3,230,900

$630,000

$336,000

$461,557

$223.18

2.3%

8

Wiser Lake Ridge

7

$3,182,965

$539,000

$390,632

$454,709

$176.53

2.3%

9

Malibu Estates

7

$2,973,400

$439,900

$398,000

$424,771

$183.51

2.3%

$365,000

$299,000

$328,143

$217.19

2.3%

$1,176,500 $795,000

$947,135

$386.12

1.9%

Average Price

Average $/SF

% Mkt $

$232,000

$418,613

$192.00

5.2%

$292,000

$369,558

$197.18

8.4%

High Price Low Price

10

West Cedar Park

7

$2,297,000

11

Semiahmoo Shore Condo

6

$5,682,807

12

Village on the Green

5

$2,956,600

$680,000

$540,000

$591,320

$222.56

1.6%

13

Heron Crest

5

$2,585,500

$630,000

$419,000

$517,100

$203.57

1.6%

14

Fairhaven

5

$2,505,000

$680,000

$340,000

$501,000

$240.56

1.6%

15

Village @ King Mountain

5

$2,309,500

$510,500

$398,000

$461,900

$264.09

1.6%

16

Maple Ridge

5

$1,665,000

$354,000

$315,000

$333,000

$174.84

1.6%

17

The Commons @ Cordata

5

$1,457,231

$330,246

$269,900

$291,446

$256.45

1.6%

18

The Highlands

4

$1,926,160

$534,950

$449,950

$481,540

$233.92

1.3%

19

Sudden Valley

4

$1,623,458

$450,000

$339,000

$405,865

$183.65

1.3%

20

Berryland Estates

4

$1,559,650

$437,750

$363,000

$389,913

$194.46

1.3%

21

Paradise Lakes

4

$812,680

$256,680

$150,000

$203,170

$152.37

1.3%

22

Samish Heights

3

$2,284,000

$850,000

$717,000

$761,333

$224.25

1.0%

23

Travis

3

$2,112,000

$729,000

$689,000

$704,000

$237.05

1.0%

24

The Greens @ Loomis Trail

3

$1,489,990

$635,000

$419,990

$496,663

$159.03

1.0%

25

Liberty Park

3

$1,014,963

$400,000

$229,963

$338,321

$209.86

1.0%

26

Raspberry Ridge

3

$1,007,000

$338,000

$334,000

$335,667

$201.85

1.0%

27

Everson

3

$987,450

$332,500

$325,000

$329,150

$168.28

1.0%

28

The Tides @ Birch Bay

3

$847,000

$284,000

$279,000

$282,333

$244.72

1.0%

29

South Douglas

3

$840,000

$285,000

$270,000

$280,000

$227.84

1.0%

30

Wildwood Resort Condo

3

$731,723

$329,899

$151,924

$243,908

$594.79

1.0%

TOTAL

215

$82,481,429 $1,176,500 $150,000

$383,635

$214.80

69.4%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Top Subdivisions/Projects by Dollar Volume Recorded Year-to-date Rank $

Subdivision/Project

#

Total Volume

Short Plat/Lot Line Adj/Survey

16

$6,697,815

$878,000

The Meadows

22

$9,795,488

2

North Prairie

26

$9,608,499

3

Semiahmoo Shore Condo

6

$5,682,807

4

Spring Vista

15

$4,402,258

$315,000

5

Cottages @ Cordata

14

$4,394,090

6

Birch Street

7

7

Birch Bay Village

7

8

Wiser Lake Ridge

9

Malibu Estates

10

Village on the Green

5

$2,956,600

$680,000

$540,000

$591,320

$222.56

2.2%

11

Heron Crest

5

$2,585,500

$630,000

$419,000

$517,100

$203.57

1.9%

12

Fairhaven

5

$2,505,000

$680,000

$340,000

$501,000

$240.56

1.9%

13

Hovel Estates

8

$2,394,930

$323,275

$262,000

$299,366

$137.62

1.8%

14

Village @ King Mountain

5

$2,309,500

$510,500

$398,000

$461,900

$264.09

1.7%

15

West Cedar Park

7

$2,297,000

$365,000

$299,000

$328,143

$217.19

1.7%

16

Samish Heights

3

$2,284,000

$850,000

$717,000

$761,333

$224.25

1.7%

17

Travis

3

$2,112,000

$729,000

$689,000

$704,000

$237.05

1.6%

18

The Highlands

4

$1,926,160

$534,950

$449,950

$481,540

$233.92

1.4%

19

Maple Ridge

5

$1,665,000

$354,000

$315,000

$333,000

$174.84

1.2%

20

Sudden Valley

4

$1,623,458

$450,000

$339,000

$405,865

$183.65

1.2%

21

Berryland Estates

4

$1,559,650

$437,750

$363,000

$389,913

$194.46

1.2%

22

Clubhouse Point

2

$1,528,900

$799,000

$729,900

$764,450

$165.94

1.1%

23

The Greens @ Loomis Trail

3

$1,489,990

$635,000

$419,990

$496,663

$159.03

1.1%

24

The Commons @ Cordata

5

$1,457,231

$330,246

$269,900

$291,446

$256.45

1.1%

25

Fairhaven Twnhms

2

$1,386,000

$739,000

$647,000

$693,000

$281.71

1.0%

26

Hannah Creek

2

$1,062,025

$557,916

$504,109

$531,013

$234.38

0.8%

27

Eagleridge

1

$1,017,886

$250.96

0.8%

28

Liberty Park

3

$1,014,963

$400,000

$229,963

$338,321

$209.86

0.8%

29

Raspberry Ridge

3

$1,007,000

$338,000

$334,000

$335,667

$201.85

0.8%

30

Everson

3

$987,450

$332,500

$325,000

$329,150

$168.28

0.7%

TOTAL

209

$84,244,837 $1,176,500 $229,963

$403,085

$214.80

68.3%

1

Vol XXVII • No 11 www.realestats.net • 360.798.4014

Average Price

Average $/SF

% Mkt $

$232,000

$418,613

$192.00

5.0%

$499,000

$380,000

$445,249

$208.16

7.4%

$493,500

$292,000

$369,558

$197.18

7.2%

$1,176,500 $795,000

$947,135

$386.12

4.3%

$274,900

$293,484

$229.65

3.3%

$354,845

$267,225

$313,864

$247.38

3.3%

$3,804,187

$580,243

$506,843

$543,455

$258.22

2.9%

$3,230,900

$630,000

$336,000

$461,557

$223.18

2.4%

7

$3,182,965

$539,000

$390,632

$454,709

$176.53

2.4%

7

$2,973,400

$439,900

$398,000

$424,771

$183.51

2.2%

High Price Low Price

$1,017,886 $1,017,886 $1,017,886

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Top Builders by Units Recorded Year-to-date Rank #

Seller

#

Total Volume

Average Price

Average $/SF

% Mkt $

1

Skeers Construction Inc

16

$8,577,272

$625,000

$449,950

$536,080

$248.75

5.2%

2

Larrabee Springs Inc

15

$4,402,258

3

June Road North LLC

13

$4,070,070

$315,000

$274,900

$293,484

$229.65

4.8%

$354,845

$267,225

$313,082

$248.73

4.2%

4

Rubicon Idc LLC

11

$5,126,257

$630,000

$395,000

$466,023

$202.29

3.5%

5

Greenbriar Construction Corp

11

$3,986,400

$459,000

$311,900

$362,400

$219.52

3.5%

6 7

Alliance Properties 2000 LLC

8

$4,421,500

$729,000

$398,000

$552,688

$253.95

2.6%

Everkept Construction Inc

8

$2,620,500

$519,000

$292,000

$327,563

$191.29

2.6%

8

Heutink Rock L & S A Trust

8

$2,394,930

$323,275

$262,000

$299,366

$137.62

2.6%

9

West Cedar Park LLC

7

$2,297,000

$365,000

$299,000

$328,143

$217.19

2.3%

High Price Low Price

10

Dbw Whatcom LLC

6

$5,682,807

$947,135

$386.12

1.9%

11

Tyler Carlson Homes LLC

6

$2,636,390

$1,176,500 $795,000 $459,990

$419,000

$439,398

$174.43

1.9%

12

DJ & DJ Contracting

6

$2,376,500

$490,000

$243,600

$396,083

$197.39

1.9%

13

Hoyer Homes LLC

6

$2,329,070

$435,000

$349,000

$388,178

$155.94

1.9%

14

Summit View Construction NW

5

$1,667,450

$400,000

$280,000

$333,490

$166.95

1.6%

15

Cordata Green LLC

5

$1,457,231

$330,246

$269,900

$291,446

$256.45

1.6%

16

Barkley North LLC

4

$2,276,600

$595,000

$540,000

$569,150

$225.08

1.3%

17

NW Choice Construction

4

$1,842,610

$483,610

$437,000

$460,653

$211.28

1.3%

18

Jubilee Star Investments LLC

4

$1,372,758

$453,033

$289,000

$343,190

#DIV/0!

1.3%

19

Hawthorne Land Dev LLC

3

$2,067,900

$799,000

$539,000

$689,300

$188.34

1.0%

20

Tenfold Dev LLC

3

$1,334,118

$444,706

$444,706

$444,706

$205.24

1.0%

21

Whatcom Homes LLC

3

$1,260,000

$450,000

$380,000

$420,000

$190.98

1.0%

22

Roosendaal-Honcoop Const

3

$1,219,900

$434,900

$385,000

$406,633

$219.35

1.0%

23

Deboer LLC

3

$1,096,962

$459,999

$229,963

$365,654

$177.09

1.0%

24

JE Leppala Construction LLC

3

$1,025,000

$354,000

$333,000

$341,667

$183.88

1.0%

25

Birch Bay Hideway LLC

3

$847,000

$284,000

$279,000

$282,333

$244.72

1.0%

26

Lake Whatcom Resort Ptshp

3

$731,723

$329,899

$151,924

$243,908

$594.79

1.0%

27

San Juan Park LLC

2

$1,573,000

$923,000

$650,000

$786,500

$262.99

0.6%

28

Samish Heights Inc

2

$1,434,000

$717,000

$717,000

$717,000

$219.80

0.6%

29

Fairhaven Harbor Townhomes LLC

2

$1,386,000

$739,000

$647,000

$693,000

$281.71

0.6%

30

Masons Houseworks Inc

2

$1,119,000

$569,000

$550,000

$559,500

$219.60

0.6%

TOTAL

175

$74,632,206 $1,176,500 $151,924

$426,470

$214.80

56.5%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Top Builders by Dollar Volume Recorded Year-to-date Rank $

Seller

#

Total Volume

1

Skeers Construction Inc

16

$8,577,272

2

Dbw Whatcom LLC

6

$5,682,807

3

Rubicon Idc LLC

11

$5,126,257

$630,000

4

Alliance Properties 2000 LLC

8

$4,421,500

5

Larrabee Springs Inc

15

6

June Road North LLC

13

7

Greenbriar Construction Corp

8

Tyler Carlson Homes LLC

Average Price

Average $/SF

% Mkt $

$449,950

$536,080

$248.75

6.4%

$1,176,500 $795,000

$947,135

$386.12

4.3%

$395,000

$466,023

$202.29

3.8%

$729,000

$398,000

$552,688

$253.95

3.3%

$4,402,258

$315,000

$274,900

$293,484

$229.65

3.3%

$4,070,070

$354,845

$267,225

$313,082

$248.73

3.1%

11

$3,986,400

$459,000

$311,900

$362,400

$219.52

3.0%

6

$2,636,390

$459,990

$419,000

$439,398

$174.43

2.0%

High Price Low Price $625,000

9

Everkept Construction Inc

8

$2,620,500

$519,000

$292,000

$327,563

$191.29

2.0%

10

Heutink Rock L & S A Trust

8

$2,394,930

$323,275

$262,000

$299,366

$137.62

1.8%

11

DJ & DJ Contracting

6

$2,376,500

$490,000

$243,600

$396,083

$197.39

1.8%

12

Hoyer Homes LLC

6

$2,329,070

$435,000

$349,000

$388,178

$155.94

1.7%

13

West Cedar Park LLC

7

$2,297,000

$365,000

$299,000

$328,143

$217.19

1.7%

14

Barkley North LLC

4

$2,276,600

$595,000

$540,000

$569,150

$225.08

1.7%

15

Hawthorne Land Dev LLC

3

$2,067,900

$799,000

$539,000

$689,300

$188.34

1.6%

16

NW Choice Construction

4

$1,842,610

$483,610

$437,000

$460,653

$211.28

1.4%

17

Summit View Construction NW

5

$1,667,450

$400,000

$280,000

$333,490

$166.95

1.3%

18

San Juan Park LLC

2

$1,573,000

$923,000

$650,000

$786,500

$262.99

1.2%

19

Cordata Green LLC

5

$1,457,231

$330,246

$269,900

$291,446

$256.45

1.1%

20

Samish Heights Inc

2

$1,434,000

$717,000

$717,000

$717,000

$219.80

1.1%

21

Fairhaven Harbor Townhomes LLC

2

$1,386,000

$739,000

$647,000

$693,000

$281.71

1.0%

22

Jubilee Star Investments LLC

4

$1,372,758

$453,033

$289,000

$343,190

#DIV/0!

1.0%

23

Tenfold Dev LLC

3

$1,334,118

$444,706

$444,706

$444,706

$205.24

1.0%

24

Whatcom Homes LLC

3

$1,260,000

$450,000

$380,000

$420,000

$190.98

0.9%

25

Roosendaal-Honcoop Const

3

$1,219,900

$434,900

$385,000

$406,633

$219.35

0.9%

26

Masons Houseworks Inc

2

$1,119,000

$569,000

$550,000

$559,500

$219.60

0.8%

27

Deboer LLC

3

$1,096,962

$459,999

$229,963

$365,654

$177.09

0.8%

28

Wiebe Leroy & Janice

2

$1,085,000

$630,000

$455,000

$542,500

$269.43

0.8%

29

Wiser Lake Ridge LLC

2

$1,038,000

$539,000

$499,000

$519,000

$179.75

0.8%

30

JE Leppala Construction LLC

3

$1,025,000

$354,000

$333,000

$341,667

$183.88

0.8%

TOTAL

173

$75,176,483 $1,176,500 $229,963

$434,546

$214.80

56.4%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Bar Chart of Monthly Residential Sales 2011

2012

2013

2014

2015

2016

2017

550

500

450

400

350

300

250

200

150

100

50 Jan

Feb

Mar

Apr

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington November 2017

Average Monthly Price of Residential Recordings $400,000 Nov‘ 17 $375,976 A Record

$375,000

$350,000

$325,000

Oct ‘06 - $324,976

$300,000

$275,000

$250,000

$225,000

Feb ‘12 - $224,129

$200,000

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington November 2017

There are currently 674 residences for sale and since 334 sold in November, this represents 2 months of supply, up from last month. Inventory source: http://www.redfin.com/homepage

Weekly Residential Inventory 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

REO Sales as % of Existing Homes Sold 2012

2013

2014

2015

2016

2017

Month

#

% of All Sold

#

% of All Sold

#

% of All Sold

#

% of All Sold

#

% of All Sold

#

% of All Sold

Jan

21

17.5%

29

24.2%

14

10.9%

21

13.0%

7

5.7%

8

5.1%

Feb

23

21.9%

20

15.7%

18

13.4%

23

13.1%

8

4.6%

5

3.5%

Mar

22

12.8%

17

9.8%

37

18.4%

28

11.9%

5

2.1%

8

3.5%

Apr

19

13.4%

19

10.1%

22

12.7%

23

8.2%

6

2.2%

4

1.7%

May

24

12.3%

20

8.5%

17

7.7%

14

4.9%

7

2.2%

4

1.2%

Jun

13

6.2%

23

9.4%

22

7.8%

17

4.9%

7

2.0%

4

1.3%

Jul

15

7.5%

18

6.7%

17

7.0%

7

2.2%

4

1.3%

6

2.2%

Aug

12

5.7%

16

6.3%

11

4.0%

11

3.5%

2

0.6%

4

1.3%

Sep

17

8.9%

14

6.7%

24

10.1%

11

4.0%

2

0.6%

5

2.4%

Oct

26

12.9%

22

9.6%

15

5.8%

2

0.8%

6

2.6%

4

1.5%

Nov

12

6.7%

18

11.2%

13

6.9%

7

3.8%

9

4.0%

1

0.4%

Dec

12

6.5%

19

10.6%

20

10.0%

11

4.7%

10

4.6%

Total

216

10.2%

235

9.8%

230

9.1%

175

5.7%

73

2.3%

53

2.0%

Change

Avg $/SF

Change

Change

Change

Change

Change

$131.42

3.3%

$128.12

-2.5%

$133.45

4.2%

$126.20

-5.4%

$132.50

5.0%

$132.24

Average $ $199,069

1.1%

$193,616

-2.7%

$201,329

4.0%

$204,587

1.6%

$223,751

9.4%

$198,031 -11.5%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

-0.2%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Four Years-to-date Compared County Records

Jan-Nov 2014

Ch '14 vs '13

Jan-Nov 2015

Ch '15 vs '14

Jan-Nov 2016

Ch '16 vs '15

Jan-Nov 2017

Ch '17 vs '16

Existing Residences

$708,303,014

7.7%

$909,397,211

28.4%

$1,014,990,682

11.6%

$1,033,402,791

1.8%

# In County

2,340

5.6%

2,812

20.2%

2,914

3.6%

2,683

-7.9%

Largest

$2,250,000

7.1%

$3,000,000

33.3%

$2,150,000

-28.3%

$3,000,000

39.5%

Average

$302,694

2.0%

$323,399

6.8%

$348,315

7.7%

$385,167

10.6%

Median

$259,818

0.1%

$282,640

8.8%

$310,264

9.8%

$342,000

10.2%

Average $/SF

$187.79

3.8%

$186.66

-0.6%

$192.70

3.2%

$215.51

11.8%

New Construction

$84,073,144

12.7%

$97,679,895

16.2%

$86,996,148

-10.9%

$116,441,680

33.8%

# In County

249

4.6%

273

9.6%

225

-17.6%

269

19.6%

Largest

$1,040,000

24.4%

$789,500

-24.1%

$1,262,455

59.9%

$1,017,886

-19.4%

Average

$337,643

7.7%

$357,802

6.0%

$386,650

8.1%

$432,869

12.0%

Median

$312,388

5.2%

$336,445

7.7%

$365,495

8.6%

$420,000

14.9%

% Of $ New

10.6%

4.1%

9.7%

-8.6%

7.9%

-18.6%

10.1%

28.3%

% Of Units New

9.6%

-0.8%

8.8%

-8.0%

7.2%

-19.0%

9.1%

27.1%

Condominiums

$85,661,992

-1.9%

$100,633,984

17.5%

$131,559,148

30.7%

$154,717,563

17.6%

# In County

406

-1.2%

496

22.2%

622

25.4%

617

-0.8%

Average

$210,990

-0.7%

$202,891

-3.8%

$211,510

4.2%

$250,758

18.6%

Mobile Homes

$31,692,147

2.7%

$35,128,094

10.8%

$43,686,937

24.4%

$47,778,325

9.4%

# in County

230

-0.9%

239

3.9%

249

4.2%

278

11.6%

Plexes

$31,574,751

-6.3%

$34,821,746

10.3%

$28,988,326

-16.8%

$31,059,856

7.1%

# Buildings

90

-4.3%

91

1.1%

69

-24.2%

70

1.4%

Units

213

-6.6%

217

1.9%

171

-21.2%

190

11.1%

Average Unit

$148,238

0.3%

$160,469

8.3%

$169,522

5.6%

$163,473

-3.6%

Total Volume (Residential)

$941,305,048

6.5%

$1,177,660,930

25.1%

$1,306,221,241

10.9%

$1,383,400,215

5.9%

# In County

3,315

3.9%

3,911

18.0%

4,079

4.3%

3,917

-4.0%

Average Res'l Unit (No Plexes)

$282,087

2.7%

$299,173

6.1%

$318,512

6.5%

$351,531

10.4%

Land

$67,486,719

-16.7%

$71,066,562

5.3%

$85,881,727

20.8%

$94,367,155

9.9%

# In County

609

-7.9%

591

-3.0%

556

-5.9%

637

14.6%

Largest

$3,100,000

-47.3%

$1,600,000

-48.4%

$3,493,925

118.4%

$1,526,000

-56.3%

Average

$110,816

-9.6%

$120,248

8.5%

$154,464

28.5%

$148,143

-4.1%

Commercial

$434,906,409

139.5%

$267,242,540

-38.6%

$205,293,059

-23.2%

$253,213,453

23.3%

# In County

240

0.4%

217

-9.6%

195

-10.1%

178

-8.7%

Grand Total Volume

$1,443,698,176

25.9%

$1,515,970,032

5.0%

$1,597,396,027

5.4%

$1,730,980,823

8.4%

Total # In County

4,164

1.8%

4,719

13.3%

4,830

2.4%

4,732

-2.0%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Current Month Compared County Records

Nov '14

Ch '14 vs. '13

Nov '15

Ch '15 vs. '14

Nov '16

Ch '16 vs. '15

Nov '17

Ch '17 vs. '16

Existing Residences

$53,779,046

12.8%

$66,416,574

23.5%

$78,319,313

17.9%

$97,108,118

24.0%

# In County

188

16.8%

186

-1.1%

227

22.0%

234

3.1%

Largest

$749,000

-15.7%

$1,875,000

150.3%

$1,750,000

-6.7%

$3,000,000

71.4%

Average

$286,059

-3.4%

$357,078

24.8%

$345,019

-3.4%

$414,992

20.3%

Median

$255,000

-7.3%

$307,142

20.4%

$319,000

3.9%

$355,500

11.4%

Average $/SF

$185.06

-0.1%

$189.31

2.3%

$200.32

5.8%

$218.88

9.3%

New Construction

$6,266,909

-23.6%

$8,413,762

34.3%

$7,863,560

-6.5%

$9,987,143

27.0%

# In County

19

-24.0%

21

10.5%

20

-4.8%

21

5.0%

Largest

$475,000

-20.2%

$670,100

41.1%

$760,000

13.4%

$855,000

12.5%

Average

$329,837

0.5%

$400,655

21.5%

$393,178

-1.9%

$475,578

21.0%

Median

$325,000

3.7%

$379,000

16.6%

$368,900

-2.7%

$434,900

17.9%

% Of $ New

10.4%

-28.9%

11.2%

7.7%

9.1%

-18.9%

9.3%

2.2%

% Of Units New

9.2%

-31.7%

10.1%

10.5%

8.1%

-20.2%

8.2%

1.7%

Condominiums

$6,979,644

17.0%

$7,519,811

7.7%

$10,154,108

35.0%

$14,694,916

44.7%

# In County

29

7.4%

32

10.3%

47

46.9%

58

23.4%

Average

$240,677

8.9%

$234,994

-2.4%

$216,045

-8.1%

$253,361

17.3%

Mobile Homes

$1,437,871

-31.6%

$2,216,200

54.1%

$4,393,100

98.2%

$2,281,750

-48.1%

# in County

13

0.0%

15

15.4%

21

40.0%

17

-19.0%

Plexes

$2,210,500

-55.5%

$220,000

-90.0%

$3,326,900

1412.2%

$2,110,552

-36.6%

# Buildings

5

-37.5%

1

-80.0%

8

700.0%

4

-50.0%

Units

12

-45.5%

3

-75.0%

19

533.3%

12

-36.8%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$184,208

-18.4%

$73,333

-60.2%

$175,100

138.8%

$175,879

0.4%

$70,673,970

2.5%

$84,786,347

20.0%

$104,056,981

22.7%

$126,182,479

21.3%

254

8.5%

255

0.4%

323

26.7%

334

3.4%

$274,954

-2.8%

$332,938

21.1%

$319,778

-4.0%

$375,976

17.6%

$4,261,090

4.2%

$2,989,673

-29.8%

$10,304,058

244.7%

$6,835,600

-33.7%

# In County

51

4.1%

24

-52.9%

32

33.3%

37

15.6%

Largest

$575,000

0.0%

$825,000

43.5%

$3,000,000

263.6%

$935,000

-68.8%

Average

$83,551

0.1%

$124,570

49.1%

$322,002

158.5%

$184,746

-42.6%

Commercial

$11,015,000

-6.7%

$34,335,750

211.7%

$8,215,154

-76.1%

$26,894,105

227.4%

# In County

14

-41.7%

10

-28.6%

11

10.0%

16

45.5%

Grand Total Volume

$85,950,060

1.3%

$122,111,770

42.1%

$122,576,193

0.4%

$159,912,184

30.5%

Total # In County

319

3.9%

289

-9.4%

366

26.6%

387

5.7%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

January Compared County Records

Jan '14

Ch '14 vs. '13

Jan '15

Ch '15 vs. '14

Jan '16

Ch '16 vs. '15

Jan '17

Ch '17 vs. '16

Existing Residences

$35,950,928

9.1%

$45,710,131

27.1%

$37,576,948

-17.8%

$51,017,136

35.8%

# In County

129

7.5%

162

25.6%

122

-24.7%

157

28.7%

Largest

$1,287,000

7.3%

$830,000

-35.5%

$940,000

13.3%

$1,985,000

111.2%

Average

$278,689

1.5%

$282,161

1.2%

$308,008

9.2%

$324,950

5.5%

Median

$235,000

-4.4%

$265,000

12.8%

$280,000

5.7%

$296,000

5.7%

Average $/SF

$182.14

8.0%

$176.25

-3.2%

$175.11

-0.6%

$192.58

10.0%

New Construction

$4,171,118

60.9%

$6,698,400

60.6%

$4,109,583

-38.6%

$12,753,959

210.3%

# In County

14

75.0%

21

50.0%

12

-42.9%

29

141.7%

Largest

$424,950

-25.4%

$580,000

36.5%

$540,100

-6.9%

$878,000

62.6%

Average

$297,937

-8.1%

$318,971

7.1%

$342,465

7.4%

$439,792

28.4%

Median

$306,450

18.9%

$294,900

-3.8%

$330,000

11.9%

$385,000

16.7%

% Of $ New

10.4%

42.5%

12.8%

22.9%

9.9%

-22.9%

20.0%

102.9%

% Of Units New

9.8%

56.6%

11.5%

17.2%

9.0%

-22.0%

15.6%

74.1%

Condominiums

$5,942,881

31.4%

$3,705,366

-37.7%

$4,732,720

27.7%

$8,098,671

71.1%

# In County

25

13.6%

20

-20.0%

29

45.0%

39

34.5%

Average

$237,715

15.6%

$185,268

-22.1%

$163,197

-11.9%

$207,658

27.2%

Mobile Homes

$1,585,930

-1.0%

$1,251,843

-21.1%

$1,835,795

46.6%

$3,267,466

78.0%

# in County

11

0.0%

8

-27.3%

13

62.5%

20

53.8%

Plexes

$1,342,930

-47.9%

$3,491,337

160.0%

$2,426,750

-30.5%

$819,042

-66.2%

# Buildings

4

-50.0%

8

100.0%

6

-25.0%

3

-50.0%

Units

8

-57.9%

19

137.5%

16

-15.8%

6

-62.5%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$167,866

23.8%

$183,755

9.5%

$151,672

-17.5%

$136,507

-10.0%

$48,993,787

10.7%

$60,857,077

24.2%

$50,681,796

-16.7%

$75,956,274

49.9%

183

8.3%

219

19.7%

182

-16.9%

248

36.3%

$266,206

2.9%

$271,876

2.1%

$274,176

0.8%

$306,683

11.9%

$7,918,276

-42.5%

$7,394,732

-6.6%

$6,310,781

-14.7%

$5,772,020

-8.5%

# In County

58

52.6%

51

-12.1%

41

-19.6%

40

-2.4%

Largest

$855,000

-85.5%

$700,000

-18.1%

$1,550,000

121.4%

$595,000

-61.6%

Average

$136,522

-62.3%

$144,995

6.2%

$153,921

6.2%

$144,301

-6.3%

Commercial

$16,444,100

-37.2%

$20,926,914

27.3%

$15,230,461

-27.2%

$6,609,875

-56.6%

# In County

29

31.8%

18

-37.9%

19

5.6%

10

-47.4%

Grand Total Volume

$73,356,163

-12.9%

$89,178,723

21.6%

$72,223,038

-19.0%

$88,338,169

22.3%

Total # In County

270

17.9%

288

6.7%

242

-16.0%

298

23.1%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

February Compared County Records

Feb '14

Ch '14 vs. '13

Feb '15

Ch '15 vs. '14

Feb '16

Ch '16 vs. '15

Feb '17

Ch '17 vs. '16

Existing Residences

$34,988,536

11.3%

$50,413,635

44.1%

$58,713,825

16.5%

$58,060,902

-1.1%

# In County

134

5.5%

175

30.6%

173

-1.1%

144

-16.8%

Largest

$837,500

5.6%

$1,425,000

70.1%

$1,250,000

-12.3%

$1,900,000

52.0%

Average

$261,108

5.5%

$288,078

10.3%

$339,386

17.8%

$403,201

18.8%

Median

$235,000

2.2%

$258,500

10.0%

$305,000

18.0%

$335,250

9.9%

Average $/SF

$171.53

4.7%

$175.72

2.4%

$180.83

2.9%

$211.00

16.7%

New Construction

$4,208,372

-15.5%

$4,307,817

2.4%

$4,723,796

9.7%

$5,494,638

16.3%

# In County

14

-17.6%

13

-7.1%

13

0.0%

15

15.4%

Largest

$450,000

-7.2%

$595,000

32.2%

$525,000

-11.8%

$690,000

31.4%

Average

$300,598

2.6%

$331,371

10.2%

$363,369

9.7%

$366,309

0.8%

Median

$297,500

10.2%

$330,000

10.9%

$354,900

7.5%

$323,000

-9.0%

% Of $ New

10.7%

-21.5%

7.9%

-26.7%

7.4%

-5.4%

8.6%

16.1%

% Of Units New

9.5%

-19.9%

6.9%

-26.9%

7.0%

1.1%

9.4%

35.0%

Condominiums

$5,767,734

-4.8%

$4,513,194

-21.8%

$5,779,850

28.1%

$9,060,300

56.8%

# In County

24

-17.2%

26

8.3%

33

26.9%

31

-6.1%

Average

$240,322

15.1%

$173,584

-27.8%

$175,147

0.9%

$292,268

66.9%

Mobile Homes

$2,054,000

-8.8%

$1,894,460

-7.8%

$2,267,200

19.7%

$2,401,910

5.9%

# in County

12

-36.8%

16

33.3%

11

-31.3%

12

9.1%

Plexes

$2,991,300

50.9%

$3,850,000

28.7%

$2,193,300

-43.0%

$485,000

-77.9%

# Buildings

7

40.0%

7

0.0%

6

-14.3%

2

-66.7%

Units

18

20.0%

17

-5.6%

13

-23.5%

4

-69.2%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$166,183

25.8%

$226,471

36.3%

$168,715

-25.5%

$121,250

-28.1%

$50,009,942

7.1%

$64,979,106

29.9%

$73,677,971

13.4%

$75,502,750

2.5%

191

-3.0%

237

24.1%

236

-0.4%

204

-13.6%

$255,536

9.7%

$265,779

4.0%

$310,803

16.9%

$371,375

19.5%

$7,098,421

55.2%

$7,859,392

10.7%

$6,118,025

-22.2%

$2,859,141

-53.3%

# In County

45

-10.0%

47

4.4%

35

-25.5%

25

-28.6%

Largest

$3,100,000

705.2%

$872,111

-71.9%

$767,000

-12.1%

$260,000

-66.1%

Average

$157,743

72.5%

$167,221

6.0%

$174,801

4.5%

$114,366

-34.6%

Commercial

$11,912,154

-6.7%

$11,093,630

-6.9%

$15,711,193

41.6%

$6,379,146

-59.4%

# In County

14

-36.4%

16

14.3%

16

0.0%

17

6.3%

Grand Total Volume

$69,020,517

7.8%

$83,932,128

21.6%

$95,507,189

13.8%

$84,741,037

-11.3%

Total # In County

250

-7.1%

300

20.0%

287

-4.3%

246

-14.3%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

March Compared County Records

Mar '14

Ch '14 vs. '13

Mar '15

Ch '15 vs. '14

Mar '16

Ch '16 vs. '15

Mar '17

Ch '17 vs. '16

Existing Residences

$55,850,107

20.1%

$71,498,509

28.0%

$84,214,638

17.8%

$80,855,571

-4.0%

# In County

201

15.5%

236

17.4%

242

2.5%

226

-6.6%

Largest

$2,250,000

210.3%

$1,100,000

-51.1%

$2,075,000

88.6%

$1,539,000

-25.8%

Average

$277,861

4.0%

$302,960

9.0%

$347,994

14.9%

$357,768

2.8%

Median

$248,500

1.2%

$270,000

8.7%

$304,000

12.6%

$330,000

8.6%

Average $/SF

$179.27

4.2%

$187.65

4.7%

$184.22

-1.8%

$197.78

7.4%

New Construction

$9,160,800

10.3%

$9,517,211

3.9%

$9,639,583

1.3%

$10,806,464

12.1%

# In County

25

-7.4%

26

4.0%

26

0.0%

25

-3.8%

Largest

$915,000

80.7%

$705,000

-23.0%

$730,000

3.5%

$729,000

-0.1%

Average

$366,432

19.1%

$366,047

-0.1%

$370,753

1.3%

$432,259

16.6%

Median

$314,900

6.8%

$330,450

4.9%

$337,125

2.0%

$423,500

25.6%

% Of $ New

14.1%

-7.0%

11.7%

-16.6%

10.3%

-12.6%

11.8%

14.8%

% Of Units New

11.1%

-17.6%

9.9%

-10.3%

9.7%

-2.2%

10.0%

2.7%

Condominiums

$6,258,840

-43.8%

$7,461,659

19.2%

$12,076,407

61.8%

$10,147,888

-16.0%

# In County

37

-31.5%

42

13.5%

58

38.1%

38

-34.5%

Average

$169,158

-17.9%

$177,659

5.0%

$208,214

17.2%

$267,050

28.3%

Mobile Homes

$977,669

-66.4%

$2,398,551

145.3%

$4,112,100

71.4%

$3,403,200

-17.2%

# in County

9

-57.1%

19

111.1%

21

10.5%

18

-14.3%

Plexes

$1,726,700

-40.3%

$3,323,850

92.5%

$1,837,950

-44.7%

$2,352,500

28.0%

# Buildings

6

-33.3%

12

100.0%

7

-41.7%

6

-14.3%

Units

14

-30.0%

26

85.7%

18

-30.8%

15

-16.7%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$123,336

-14.7%

$127,840

3.7%

$102,108

-20.1%

$156,833

53.6%

$73,974,116

3.1%

$94,199,780

27.3%

$111,880,678

18.8%

$107,565,623

-3.9%

278

-2.5%

335

20.5%

354

5.7%

313

-11.6%

$265,616

6.5%

$281,350

5.9%

$317,126

12.7%

$342,714

8.1%

$4,342,957

-26.3%

$6,726,174

54.9%

$11,288,563

67.8%

$12,274,105

8.7%

# In County

42

-40.0%

79

88.1%

66

-16.5%

76

15.2%

Largest

$725,000

104.2%

$565,000

-22.1%

$3,493,925

518.4%

$1,526,000

-56.3%

Average

$103,404

22.8%

$85,141

-17.7%

$171,039

100.9%

$161,501

-5.6%

Commercial

$20,309,330

60.5%

$22,666,130

11.6%

$41,466,928

82.9%

$82,166,500

98.1%

# In County

27

35.0%

29

7.4%

24

-17.2%

20

-16.7%

Grand Total Volume

$98,626,403

9.2%

$123,592,084

25.3%

$164,636,169

33.2%

$202,006,228

22.7%

Total # In County

347

-7.5%

443

27.7%

444

0.2%

409

-7.9%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

April Compared County Records

Apr '14

Ch '14 vs. '13

Apr '15

Ch '15 vs. '14

Apr '16

Ch '16 vs. '15

Apr '17

Ch '17 vs. '16

Existing Residences

$53,600,399

-5.4%

$92,661,480

72.9%

$94,635,874

2.1%

$95,306,172

0.7%

# In County

173

-8.0%

280

61.8%

272

-2.9%

241

-11.4%

Largest

$1,310,000

63.8%

$1,800,000

37.4%

$1,290,000

-28.3%

$2,345,000

81.8%

Average

$309,829

2.8%

$330,934

6.8%

$347,926

5.1%

$395,461

13.7%

Median

$258,000

-6.2%

$280,000

8.5%

$311,500

11.3%

$337,000

8.2%

Average $/SF

$189.46

8.3%

$194.61

2.7%

$197.78

1.6%

$211.57

7.0%

New Construction

$5,323,540

-1.6%

$9,549,850

79.4%

$8,820,652

-7.6%

$7,237,248

-18.0%

# In County

18

-5.3%

27

50.0%

23

-14.8%

20

-13.0%

Largest

$449,000

17.5%

$595,000

32.5%

$600,000

0.8%

$549,000

-8.5%

Average

$295,752

3.8%

$353,698

19.6%

$383,507

8.4%

$361,862

-5.6%

Median

$278,075

-0.7%

$312,900

12.5%

$363,000

16.0%

$359,450

-1.0%

% Of $ New

9.0%

3.6%

9.3%

3.4%

8.5%

-8.7%

7.1%

-17.2%

% Of Units New

9.4%

2.7%

8.8%

-6.7%

7.8%

-11.3%

7.7%

-1.7%

Condominiums

$5,993,803

-2.7%

$8,323,262

38.9%

$10,374,495

24.6%

$16,135,134

55.5%

# In County

26

-18.8%

41

57.7%

50

22.0%

66

32.0%

Average

$230,531

19.8%

$203,006

-11.9%

$207,490

2.2%

$244,472

17.8%

Mobile Homes

$3,179,635

35.4%

$2,670,450

-16.0%

$3,950,400

47.9%

$3,424,350

-13.3%

# in County

24

84.6%

23

-4.2%

27

17.4%

17

-37.0%

Plexes

$2,151,500

38.6%

$6,419,937

198.4%

$989,000

-84.6%

$2,344,500

137.1%

# Buildings

6

0.0%

14

133.3%

3

-78.6%

6

100.0%

Units

15

25.0%

30

100.0%

9

-70.0%

16

77.8%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$143,433

10.9%

$213,998

49.2%

$109,889

-48.6%

$146,531

33.3%

$70,248,877

-2.6%

$119,624,979

70.3%

$118,770,421

-0.7%

$124,447,404

4.8%

247

-4.3%

385

55.9%

375

-2.6%

350

-6.7%

$282,562

0.9%

$305,135

8.0%

$316,617

3.8%

$354,950

12.1%

$5,375,139

-21.3%

$7,532,395

40.1%

$7,416,906

-1.5%

$11,663,222

57.3%

# In County

45

-27.4%

80

77.8%

63

-21.3%

79

25.4%

Largest

$762,500

14.7%

$1,350,000

77.0%

$575,000

-57.4%

$900,000

56.5%

Average

$119,448

8.4%

$94,155

-21.2%

$117,729

25.0%

$147,636

25.4%

Commercial

$12,137,000

-1.1%

$23,103,678

90.4%

$7,121,500

-69.2%

$17,283,239

142.7%

# In County

14

-36.4%

23

64.3%

11

-52.2%

18

63.6%

Grand Total Volume

$87,761,016

-3.8%

$150,261,052

71.2%

$133,308,827

-11.3%

$153,393,865

15.1%

Total # In County

306

-10.5%

488

59.5%

449

-8.0%

447

-0.4%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

May Compared County Records

May '14

Ch '14 vs. '13

May '15

Ch '15 vs. '14

May '16

Ch '16 vs. '15

May '17

Ch '17 vs. '16

Existing Residences

$69,668,915

-5.6%

$96,293,397

38.2%

$107,114,416

11.2%

$119,775,731

11.8%

# In County

221

-6.4%

286

29.4%

316

10.5%

321

1.6%

Largest

$1,700,000

19.3%

$1,850,000

8.8%

$1,110,000

-40.0%

$1,200,000

8.1%

Average

$315,244

0.8%

$336,690

6.8%

$338,970

0.7%

$373,133

10.1%

Median

$266,000

0.7%

$289,900

9.0%

$309,000

6.6%

$336,900

9.0%

Average $/SF

$188.08

2.2%

$193.66

3.0%

$189.35

-2.2%

$211.99

12.0%

New Construction

$7,146,295

-15.1%

$11,975,016

67.6%

$11,636,357

-2.8%

$14,442,355

24.1%

# In County

20

-28.6%

34

70.0%

29

-14.7%

35

20.7%

Largest

$749,900

16.3%

$577,500

-23.0%

$650,525

12.6%

$923,000

41.9%

Average

$357,315

18.9%

$352,206

-1.4%

$401,254

13.9%

$412,639

2.8%

Median

$336,245

24.7%

$349,700

4.0%

$405,000

15.8%

$375,090

-7.4%

% Of $ New

9.3%

-9.1%

11.1%

18.9%

9.8%

-11.4%

10.8%

9.8%

% Of Units New

8.3%

-21.8%

10.6%

28.0%

8.4%

-20.9%

9.8%

17.0%

Condominiums

$11,303,900

35.2%

$12,450,371

10.1%

$15,891,693

27.6%

$18,633,364

17.3%

# In County

55

41.0%

56

1.8%

77

37.5%

76

-1.3%

Average

$205,525

-4.1%

$222,328

8.2%

$206,386

-7.2%

$245,176

18.8%

Mobile Homes

$2,125,750

-16.0%

$4,360,701

105.1%

$4,183,800

-4.1%

$4,625,492

10.6%

# in County

18

-14.3%

27

50.0%

29

7.4%

22

-24.1%

Plexes

$2,142,050

-54.4%

$2,753,000

28.5%

$8,243,500

199.4%

$4,003,050

-51.4%

# Buildings

7

-53.3%

8

14.3%

14

75.0%

10

-28.6%

Units

14

-62.2%

18

28.6%

36

100.0%

25

-30.6%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$153,004

20.5%

$152,944

0.0%

$228,986

49.7%

$160,122

-30.1%

$92,386,910

-5.5%

$127,832,485

38.4%

$147,069,766

15.0%

$161,479,992

9.8%

321

-5.3%

411

28.0%

465

13.1%

464

-0.2%

$287,404

0.0%

$310,371

8.0%

$307,819

-0.8%

$346,866

12.7%

$6,093,232

-24.2%

$7,063,674

15.9%

$7,047,521

-0.2%

$11,277,878

60.0%

# In County

67

3.1%

69

3.0%

52

-24.6%

68

30.8%

Largest

$400,000

-84.0%

$365,000

-8.8%

$550,215

50.7%

$1,200,000

118.1%

Average

$90,944

-26.5%

$102,372

12.6%

$135,529

32.4%

$165,851

22.4%

Commercial

$254,203,284

2684.6%

$61,207,735

-75.9%

$14,825,307

-75.8%

$49,321,062

232.7%

# In County

27

3.8%

32

18.5%

18

-43.8%

24

33.3%

Grand Total Volume

$352,683,426

206.8%

$196,103,894

-44.4%

$168,942,594

-13.9%

$222,078,932

31.5%

Total # In County

415

-3.5%

512

23.4%

535

4.5%

556

3.9%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

June Compared County Records

Jun '14

Ch '14 vs. '13

Jun '15

Ch '15 vs. '14

Jun '16

Ch '16 vs. '15

Jun '17

Ch '17 vs. '16

Existing Residences

$87,831,236

16.7%

$114,095,740

29.9%

$125,682,392

10.2%

$115,113,677

-8.4%

# In County

282

15.1%

350

24.1%

358

2.3%

305

-14.8%

Largest

$1,275,000

-14.7%

$3,000,000

135.3%

$1,400,000

-53.3%

$1,488,300

6.3%

Average

$311,458

1.4%

$325,988

4.7%

$351,068

7.7%

$377,422

7.5%

Median

$278,000

3.3%

$292,000

5.0%

$315,550

8.1%

$350,000

10.9%

Average $/SF

$196.69

3.5%

$195.23

-0.7%

$196.14

0.5%

$220.21

12.3%

New Construction

$12,436,293

64.4%

$9,869,700

-20.6%

$9,696,426

-1.8%

$7,858,586

-19.0%

# In County

36

50.0%

27

-25.0%

24

-11.1%

18

-25.0%

Largest

$626,684

44.3%

$542,000

-13.5%

$860,000

58.7%

$630,000

-26.7%

Average

$345,453

9.6%

$365,544

5.8%

$404,018

10.5%

$436,588

8.1%

Median

$308,250

-0.6%

$357,000

15.8%

$394,450

10.5%

$429,750

8.9%

% Of $ New

12.4%

35.8%

8.0%

-35.8%

7.2%

-10.0%

6.4%

-10.8%

% Of Units New

11.3%

26.9%

7.2%

-36.7%

6.3%

-12.3%

5.6%

-11.3%

Condominiums

$8,859,772

-7.8%

$11,891,100

34.2%

$18,599,498

56.4%

$14,825,468

-20.3%

# In County

39

-7.1%

58

48.7%

77

32.8%

60

-22.1%

Average

$227,174

-0.7%

$205,019

-9.8%

$241,552

17.8%

$247,091

2.3%

Mobile Homes

$2,574,820

-32.1%

$4,613,001

79.2%

$6,020,100

30.5%

$5,367,113

-10.8%

# in County

21

-34.4%

33

57.1%

29

-12.1%

29

0.0%

Plexes

$3,898,400

27.0%

$4,379,900

12.4%

$2,958,600

-32.5%

$4,576,500

54.7%

# Buildings

12

71.4%

13

8.3%

7

-46.2%

11

57.1%

Units

26

62.5%

28

7.7%

17

-39.3%

27

58.8%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$149,938

-21.8%

$156,425

4.3%

$174,035

11.3%

$169,500

-2.6%

$115,600,521

16.4%

$144,849,441

25.3%

$162,957,016

12.5%

$147,741,344

-9.3%

390

11.4%

481

23.3%

495

2.9%

423

-14.5%

$295,508

5.3%

$300,149

1.6%

$327,866

9.2%

$347,487

6.0%

$4,308,906

-47.3%

$8,697,524

101.8%

$6,373,077

-26.7%

$11,090,468

74.0%

# In County

66

-1.5%

71

7.6%

54

-23.9%

87

61.1%

Largest

$320,000

-69.4%

$1,600,000

400.0%

$540,000

-66.3%

$1,350,000

150.0%

Average

$65,286

-46.5%

$122,500

87.6%

$118,020

-3.7%

$127,477

8.0%

Commercial

$38,946,423

31.7%

$36,881,429

-5.3%

$9,829,408

-73.3%

$10,306,246

4.9%

# In County

27

-10.0%

17

-37.0%

22

29.4%

15

-31.8%

Grand Total Volume

$158,855,850

15.9%

$190,428,394

19.9%

$179,159,501

-5.9%

$169,138,058

-5.6%

Total # In County

483

8.1%

569

17.8%

571

0.4%

525

-8.1%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

July Compared County Records

Jul '14

Ch '14 vs. '13

Jul '15

Ch '15 vs. '14

Jul '16

Ch '16 vs. '15

Jul '17

Ch '17 vs. '16

Existing Residences

$76,992,866

-9.9%

$109,988,479

42.9%

$100,463,091

-8.7%

$110,207,694

9.7%

# In County

243

-10.0%

316

30.0%

297

-6.0%

273

-8.1%

Largest

$1,250,000

-0.8%

$1,370,000

9.6%

$1,290,000

-5.8%

$1,350,000

4.7%

Average

$316,843

0.1%

$348,065

9.9%

$338,260

-2.8%

$403,691

19.3%

Median

$280,000

2.8%

$298,500

6.6%

$309,500

3.7%

$352,000

13.7%

Average $/SF

$189.55

-3.2%

$190.83

0.7%

$198.19

3.9%

$217.25

9.6%

New Construction

$10,471,450

69.7%

$7,823,825

-25.3%

$7,325,355

-6.4%

$8,595,640

17.3%

# In County

30

50.0%

24

-20.0%

20

-16.7%

19

-5.0%

Largest

$700,000

40.3%

$789,500

12.8%

$547,001

-30.7%

$680,000

24.3%

Average

$349,048

13.1%

$325,993

-6.6%

$366,268

12.4%

$452,402

23.5%

Median

$328,500

5.5%

$294,900

-10.2%

$344,557

16.8%

$459,990

33.5%

% Of $ New

12.0%

77.8%

6.6%

-44.5%

6.8%

2.3%

7.2%

6.5%

% Of Units New

11.0%

59.3%

7.1%

-35.8%

6.3%

-10.6%

6.5%

3.1%

Condominiums

$10,729,100

2.3%

$13,457,611

25.4%

$12,647,581

-6.0%

$13,019,516

2.9%

# In County

49

8.9%

68

38.8%

60

-11.8%

56

-6.7%

Average

$218,961

-6.0%

$197,906

-9.6%

$210,793

6.5%

$232,491

10.3%

Mobile Homes

$3,824,462

-6.4%

$2,059,500

-46.1%

$2,381,868

15.7%

$6,009,538

152.3%

# in County

31

-11.4%

10

-67.7%

17

70.0%

40

135.3%

Plexes

$3,986,855

72.0%

$2,041,300

-48.8%

$1,151,000

-43.6%

$964,900

-16.2%

# Buildings

12

71.4%

6

-50.0%

2

-66.7%

2

0.0%

Units

30

36.4%

15

-50.0%

7

-53.3%

6

-14.3%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$132,895

26.1%

$136,087

2.4%

$164,429

20.8%

$160,817

-2.2%

$106,004,733

-2.3%

$135,370,715

27.7%

$123,968,895

-8.4%

$138,797,288

12.0%

365

-3.2%

424

16.2%

396

-6.6%

390

-1.5%

$289,002

0.7%

$318,970

10.4%

$311,721

-2.3%

$355,238

14.0%

$8,403,483

18.3%

$5,357,390

-36.2%

$8,739,500

63.1%

$4,944,150

-43.4%

# In County

67

-4.3%

43

-35.8%

45

4.7%

42

-6.7%

Largest

$900,000

7.1%

$340,000

-62.2%

$1,745,000

413.2%

$1,036,000

-40.6%

Average

$125,425

23.6%

$124,590

-0.7%

$194,211

55.9%

$117,718

-39.4%

Commercial

$15,636,662

15.4%

$8,718,530

-44.2%

$15,165,000

73.9%

$18,030,830

18.9%

# In County

22

29.4%

15

-31.8%

21

40.0%

13

-38.1%

Grand Total Volume

$130,044,878

0.7%

$149,446,635

14.9%

$147,873,395

-1.1%

$161,772,268

9.4%

Total # In County

454

-2.2%

482

6.2%

462

-4.1%

445

-3.7%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

August Compared County Records

Aug '14

Ch '14 vs. '13

Aug '15

Ch '15 vs. '14

Aug '16

Ch '16 vs. '15

Aug '17

Ch '17 vs. '16

Existing Residences

$92,836,471

26.6%

$96,811,573

4.3%

$135,005,815

39.5%

$127,621,531

-5.5%

# In County

275

7.4%

310

12.7%

351

13.2%

313

-10.8%

Largest

$2,050,000

180.8%

$1,782,000

-13.1%

$2,150,000

20.7%

$1,071,382

-50.2%

Average

$337,587

17.9%

$312,295

-7.5%

$384,632

23.2%

$407,737

6.0%

Median

$284,500

10.3%

$284,000

-0.2%

$331,251

16.6%

$366,750

10.7%

Average $/SF

$208.13

11.0%

$182.32

-12.4%

$203.22

11.5%

$222.06

9.3%

New Construction

$8,758,735

5.7%

$11,750,194

34.2%

$7,294,804

-37.9%

$12,798,462

75.4%

# In County

26

0.0%

32

23.1%

19

-40.6%

28

47.4%

Largest

$519,159

2.8%

$660,000

27.1%

$580,000

-12.1%

$729,900

25.8%

Average

$336,874

5.7%

$367,194

9.0%

$383,937

4.6%

$457,088

19.1%

Median

$329,950

4.9%

$344,000

4.3%

$393,462

14.4%

$450,000

14.4%

% Of $ New

8.6%

-15.1%

10.8%

25.5%

5.1%

-52.6%

9.1%

77.8%

% Of Units New

8.6%

-6.3%

9.4%

8.3%

5.1%

-45.1%

8.2%

59.9%

Condominiums

$9,765,975

34.5%

$11,264,510

15.3%

$18,323,664

62.7%

$18,388,381

0.4%

# In County

49

40.0%

55

12.2%

83

50.9%

71

-14.5%

Average

$199,306

-3.9%

$204,809

2.8%

$220,767

7.8%

$258,991

17.3%

Mobile Homes

$4,387,892

13.3%

$3,602,840

-17.9%

$6,076,962

68.7%

$4,702,946

-22.6%

# in County

38

52.0%

20

-47.4%

32

60.0%

32

0.0%

Plexes

$3,503,642

80.3%

$2,960,600

-15.5%

$3,167,400

7.0%

$5,476,500

72.9%

# Buildings

9

50.0%

7

-22.2%

9

28.6%

12

33.3%

Units

21

75.0%

23

9.5%

18

-21.7%

34

88.9%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$166,840

3.0%

$128,722

-22.8%

$175,967

36.7%

$161,074

-8.5%

$119,252,715

26.0%

$126,389,717

6.0%

$169,868,645

34.4%

$168,987,820

-0.5%

397

14.1%

424

6.8%

494

16.5%

456

-7.7%

$298,322

10.0%

$295,993

-0.8%

$343,714

16.1%

$368,269

7.1%

$9,939,574

8.6%

$6,009,559

-39.5%

$5,734,102

-4.6%

$10,275,402

79.2%

# In County

56

-23.3%

41

-26.8%

54

31.7%

58

7.4%

Largest

$2,300,000

64.3%

$750,000

-67.4%

$375,000

-50.0%

$830,000

121.3%

Average

$177,492

41.6%

$146,575

-17.4%

$106,187

-27.6%

$177,162

66.8%

Commercial

$11,641,329

-63.0%

$19,543,272

67.9%

$31,661,759

62.0%

$12,451,550

-60.7%

# In County

22

0.0%

17

-22.7%

20

17.6%

12

-40.0%

Grand Total Volume

$140,833,618

4.1%

$151,942,548

7.9%

$207,264,506

36.4%

$191,714,772

-7.5%

Total # In County

475

7.2%

482

1.5%

568

17.8%

526

-7.4%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

September Compared County Records

Sep '14

Ch '14 vs. '13

Sep '15

Ch '15 vs. '14

Sep '16

Ch '16 vs. '15

Sep '17

Ch '17 vs. '16

Existing Residences

$69,565,561

3.3%

$87,137,508

25.3%

$116,989,647

34.3%

$77,655,104

-33.6%

# In County

237

12.9%

273

15.2%

327

19.8%

206

-37.0%

Largest

$1,500,000

-28.6%

$1,550,000

3.3%

$1,299,000

-16.2%

$890,000

-31.5%

Average

$293,526

-8.5%

$319,185

8.7%

$357,767

12.1%

$376,967

5.4%

Median

$256,000

-3.4%

$279,000

9.0%

$314,900

12.9%

$353,626

12.3%

Average $/SF

$186.10

-1.2%

$182.33

-2.0%

$200.86

10.2%

$225.11

12.1%

New Construction

$7,843,183

-17.3%

$9,585,200

22.2%

$7,718,283

-19.5%

$8,776,890

13.7%

# In County

24

-14.3%

25

4.2%

20

-20.0%

19

-5.0%

Largest

$775,000

-7.3%

$649,000

-16.3%

$1,262,455

94.5%

$865,000

-31.5%

Average

$326,799

-3.5%

$383,408

17.3%

$385,914

0.7%

$461,942

19.7%

Median

$301,500

-2.0%

$352,000

16.7%

$334,050

-5.1%

$433,500

29.8%

% Of $ New

10.1%

-17.9%

9.9%

-2.2%

6.2%

-37.5%

10.2%

64.1%

% Of Units New

9.2%

-21.8%

8.4%

-8.8%

5.8%

-31.3%

8.4%

46.5%

Condominiums

$7,763,143

-16.1%

$8,477,200

9.2%

$12,939,054

52.6%

$15,033,630

16.2%

# In County

40

-9.1%

41

2.5%

56

36.6%

56

0.0%

Average

$194,079

-7.7%

$206,761

6.5%

$231,055

11.7%

$268,458

16.2%

Mobile Homes

$4,373,540

129.4%

$6,328,428

44.7%

$5,046,884

-20.3%

$3,994,410

-20.9%

# in County

23

76.9%

41

78.3%

32

-22.0%

28

-12.5%

Plexes

$4,238,374

-25.6%

$2,706,000

-36.2%

$1,553,500

-42.6%

$3,939,812

153.6%

# Buildings

13

-23.5%

6

-53.8%

4

-33.3%

6

50.0%

Units

29

-21.6%

16

-44.8%

11

-31.3%

20

81.8%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$146,151

-5.1%

$169,125

15.7%

$141,227

-16.5%

$196,991

39.5%

$93,783,801

0.1%

$114,234,336

21.8%

$144,247,368

26.3%

$109,399,846

-24.2%

337

8.0%

386

14.5%

439

13.7%

315

-28.2%

$276,375

-7.3%

$293,496

6.2%

$328,032

11.8%

$341,295

4.0%

$4,987,291

-40.5%

$6,682,067

34.0%

$9,816,228

46.9%

$9,427,714

-4.0%

# In County

52

-21.2%

41

-21.2%

67

63.4%

59

-11.9%

Largest

$550,000

-53.5%

$600,000

9.1%

$1,484,994

147.5%

$950,000

-36.0%

Average

$95,909

-24.5%

$162,977

69.9%

$146,511

-10.1%

$159,792

9.1%

Commercial

$28,439,627

149.4%

$21,809,572

-23.3%

$17,028,158

-21.9%

$14,114,400

-17.1%

# In County

23

15.0%

24

4.3%

19

-20.8%

19

0.0%

Grand Total Volume

$127,210,719

12.1%

$142,725,975

12.2%

$171,091,754

19.9%

$132,941,960

-22.3%

Total # In County

412

3.5%

451

9.5%

525

16.4%

393

-25.1%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

October Compared County Records

Oct '14

Ch '14 vs. '13

Oct '15

Ch '15 vs. '14

Oct '16

Ch '16 vs. '15

Oct '17

Ch '17 vs. '16

Existing Residences

$77,238,949

15.0%

$78,370,185

1.5%

$76,274,723

-2.7%

$100,681,155

32.0%

# In County

257

12.2%

238

-7.4%

229

-3.8%

263

14.8%

Largest

$1,700,000

61.9%

$1,925,000

13.2%

$882,000

-54.2%

$1,955,000

121.7%

Average

$300,541

2.4%

$329,286

9.6%

$333,077

1.2%

$382,818

14.9%

Median

$262,000

2.3%

$285,000

8.8%

$313,200

9.9%

$335,000

7.0%

Average $/SF

$189.67

5.6%

$185.37

-2.3%

$193.68

4.5%

$229.23

18.4%

New Construction

$8,286,449

59.7%

$8,188,920

-1.2%

$8,167,749

-0.3%

$17,690,295

116.6%

# In County

23

43.8%

23

0.0%

19

-17.4%

40

110.5%

Largest

$1,040,000

129.1%

$490,000

-52.9%

$842,528

71.9%

$1,017,886

20.8%

Average

$360,280

11.1%

$356,040

-1.2%

$429,882

20.7%

$442,257

2.9%

Median

$309,900

-7.8%

$356,050

14.9%

$395,000

10.9%

$434,950

10.1%

% Of $ New

9.7%

35.2%

9.5%

-2.4%

9.7%

2.2%

14.9%

54.5%

% Of Units New

8.2%

25.8%

8.8%

7.3%

7.7%

-13.1%

13.2%

72.3%

Condominiums

$6,297,200

-26.0%

$11,569,900

83.7%

$10,040,078

-13.2%

$16,680,295

66.1%

# In County

33

-21.4%

57

72.7%

52

-8.8%

66

26.9%

Average

$190,824

-5.9%

$202,981

6.4%

$193,078

-4.9%

$252,732

30.9%

Mobile Homes

$5,170,578

49.3%

$3,732,120

-27.8%

$3,418,728

-8.4%

$8,300,150

142.8%

# in County

30

3.4%

27

-10.0%

17

-37.0%

43

152.9%

Plexes

$3,382,500

68.0%

$2,675,822

-20.9%

$1,140,426

-57.4%

$3,987,500

249.7%

# Buildings

9

50.0%

9

0.0%

3

-66.7%

8

166.7%

Units

26

62.5%

22

-15.4%

7

-68.2%

25

257.1%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$130,096

3.4%

$121,628

-6.5%

$162,918

33.9%

$159,500

-2.1%

$100,375,676

16.2%

$104,536,947

4.1%

$99,041,704

-5.3%

$147,339,395

48.8%

352

9.3%

354

0.6%

320

-9.6%

420

31.3%

$282,779

5.9%

$295,250

4.4%

$308,837

4.6%

$347,941

12.7%

$4,758,350

-5.6%

$4,753,982

-0.1%

$6,732,966

41.6%

$7,947,455

18.0%

# In County

60

17.6%

45

-25.0%

47

4.4%

66

40.4%

Largest

$440,000

-45.0%

$505,000

14.8%

$600,000

18.8%

$587,500

-2.1%

Average

$79,306

-19.7%

$105,644

33.2%

$143,255

35.6%

$120,416

-15.9%

Commercial

$14,221,500

31.6%

$6,955,900

-51.1%

$29,038,191

317.5%

$9,656,500

-66.7%

# In County

21

50.0%

16

-23.8%

14

-12.5%

14

0.0%

Grand Total Volume

$119,355,526

16.8%

$116,246,829

-2.6%

$134,812,861

16.0%

$164,943,350

22.3%

Total # In County

433

11.9%

415

-4.2%

381

-8.2%

500

31.2%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Home Sales by Price Ranges 2014 Range of Prices -

Total #

Per Ch in Mo # Sld

2015

$/SF

Ch in $/SF

Total #

Per Ch in Mo # Sld

$/SF

2016 Ch in $/SF

Total #

Per Mo

Ch in # Sld

$/SF

Ch in $/SF

- $175,000

412

34.3

3%

$132.08

7.2%

335

27.9 -19% $130.57 -1.1%

228

19.0

-32% $131.81

0.9%

$175,001 - $200,000

195

16.3

1%

$163.54

7.9%

222

18.5 14%

$158.33 -3.2%

140

11.7

-37% $166.48

5.2%

$200,001 - $225,000

238

19.8

-2%

$172.41

1.1%

215

17.9 -10% $172.14 -0.2%

190

15.8

-12% $181.76

5.6%

$225,001 - $250,000

288

24.0

1%

$175.48 -2.3%

333

27.8 16%

$179.51

2.3%

284

23.7

-15% $180.60

0.6%

$250,001 - $275,000

265

22.1 19%

$183.82

2.0%

322

26.8 22%

$180.27 -1.9%

300

25.0

-7%

$191.70

6.3%

$275,001 - $300,000

207

17.3

6%

$181.38

0.7%

314

26.2 52%

$184.20

1.6%

294

24.5

-6%

$188.79

2.5%

$300,001 - $350,000

310

25.8 14%

$196.29

5.2%

431

35.9 39%

$190.80 -2.8%

525

43.8

22%

$197.56

3.5%

$350,001 - $400,000

186

15.5 10%

$207.89

5.6%

275

22.9 48%

$196.93 -5.3%

348

29.0

27%

$194.06 -1.5%

$400,001 - $450,000

120

10.0 -14% $224.73

2.6%

188

15.7 57%

$205.15 -8.7%

259

21.6

38%

$201.76 -1.7%

$450,001 - $500,000

84

7.0

1%

$236.27

5.1%

129

10.8 54%

$213.31 -9.7%

155

12.9

20%

$208.11 -2.4%

$500,001 - $600,000

111

9.3

28%

$257.65

0.2%

116

9.7

5%

$227.85 -11.6%

179

14.9

54%

$224.19 -1.6%

$600,001 - $700,000

54

4.5

0%

$303.40

7.0%

58

4.8

7%

$246.42 -18.8%

112

9.3

93%

$235.12 -4.6%

$700,001 - $800,000

23

1.9

-21% $320.55 -2.9%

35

2.9

52%

$257.19 -19.8%

53

4.4

51%

$233.03 -9.4%

$800,001 - $900,000

11

0.9

22%

29

2.4

164% $326.80 -2.5%

21

1.8

-28% $339.65

$900,001 - $1,000,000

14

1.2

600% $370.69 -21.1%

8

0.7

-43% $397.47

14

1.2

75%

22

1.8

69%

37

3.1

68%

$370.58 -11.6%

28

2.3

-24% $363.17 -2.0%

2,540 212

6%

3,047 254

20%

$187.11 -1.2%

$1,000,001 -

Sky

Overall Total Median

Vol XXVII • No 11 www.realestats.net • 360.798.4014

$335.13

1.7%

$419.26 -0.2% $189.34

4.0%

$173.60

3.5%

$174.37

7.2%

0.4%

3,130 260.8

3%

3.9%

$314.02 -21.0%

$194.40

3.9%

$182.64

4.7%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Home Sales by Price Ranges with Inventory 2017 Range of Prices

Inventory*

Total #

Per Mo

Ch in # Sld

$/SF

Ch in $/SF

#

# Months

-

-

$175,000

138

12.5

-34%

$135.20

2.6%

10

0.8

$175,001

-

$200,000

73

6.6

-43%

$166.88

0.2%

2

0.3

$200,001

-

$225,000

91

8.3

-48%

$179.94

-1.0%

7

0.8

$225,001

-

$250,000

170

15.5

-35%

$206.86

14.5%

7

0.5

$250,001

-

$275,000

223

20.3

-19%

$206.45

7.7%

12

0.6

$275,001

-

$300,000

245

22.3

-9%

$198.62

5.2%

15

0.7

$300,001

-

$350,000

493

44.8

2%

$217.74

10.2%

25

0.6

$350,001

-

$400,000

365

33.2

14%

$220.66

13.7%

44

1.3

$400,001

-

$450,000

248

22.5

4%

$224.66

11.3%

45

2.0

$450,001

-

$500,000

171

15.5

20%

$222.87

7.1%

35

2.3

$500,001

-

$600,000

209

19.0

27%

$236.18

5.3%

47

2.5

$600,001

-

$700,000

118

10.7

15%

$253.11

7.7%

35

3.3

$700,001

-

$800,000

60

5.5

23%

$261.87

12.4%

24

4.4

$800,001

-

$900,000

27

2.5

40%

$262.58

-22.7%

9

3.7

$900,001

-

$1,000,000

11

1.0

-14%

$279.52

-11.0%

8

8.0

$1,000,001

-

Sky

41

3.7

60%

$349.09

-3.9%

36

9.7

-6%

$215.51

10.9%

361

1.5

$203.21

11.3%

*Date

12/18/17

Overall Total Median

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

2,683 243.9

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Single Family Sales by Zip Code 2016

2017

ZIP

Total #

Per Mo

Ch in #/Mo

Avg$

Ch in Avg $

Total #

Per Mo

Ch in #/Mo

Avg$

Ch in Avg $

$/SF

Ch Avg $/SF

98220

5

0.4

66.7%

$321,660

-5.6%

3

0.3

-34.5%

$332,300

3.3%

$174.94

4.2%

98225

452

37.7

5.4%

$398,244

13.6% $250.99

7.2%

371

33.7

-10.5%

$439,243

10.3% $278.20 10.8%

98226

490

40.8

7.3%

$199.44

1.4%

452

41.1

0.6%

$433,568

13.4% $219.57 10.1%

98229

635

52.9

7.1%

$383,419

8.3%

$190.53

0.7%

505

45.9

-13.2%

$416,093

8.5%

98230

379

31.6

17.7%

$324,162

3.2%

$184.16

5.9%

291

26.5

-16.2%

$364,025

12.3% $203.29 10.4%

98240

46

3.8

39.4%

$375,389

17.1% $186.44 17.5%

22

2.0

-47.8%

$383,221

2.1%

98244

72

6.0

38.5%

$259,885

7.3%

98247

78

6.5

-15.2% $332,201

98248

385

32.1

0.0%

98262

25

2.1

8.7%

98264

297

24.8

98266

60

5.0

0.0%

98276

30

2.5

98281

56

98284 98295

-10.3% $382,270

$/SF

Ch Avg $/SF

$167.92 -25.4%

$216.28 13.5%

$212.94 14.2%

$169.14

2.7%

62

5.6

-6.1%

$294,152

13.2% $197.39 16.7%

10.5% $181.17

6.6%

100

9.1

39.9%

$340,197

2.4%

$193.80

7.0%

$325,240

12.9% $183.49

5.6%

310

28.2

-12.2%

$346,257

6.5%

$196.35

7.0%

$344,259

-11.4% $257.20

0.4%

29

2.6

26.5%

$402,612

17.0% $245.02

-4.7%

-16.1% $331,307

6.4%

$175.78

4.9%

310

28.2

13.9%

$373,544

12.7% $195.03 11.0%

$163,571

-2.4%

$121.38

5.5%

58

5.3

5.5%

$191,635

17.2% $138.93 14.5%

30.4%

$261,069

12.1% $163.90 25.1%

25

2.3

-9.1%

$277,160

6.2%

4.7

5.7%

$250,896

-2.1%

$188.87

1.4%

37

3.4

-27.9%

$340,140

35.6% $267.45 41.6%

71

5.9

34.0%

$266,499

13.0% $163.06

1.0%

75

6.8

15.2%

$288,920

8.4%

49

4.1

88.5%

$258,402

17.5% $146.09

7.6%

33

3.0

-26.5%

$291,384

12.8% $164.05 12.3%

Vol XXVII • No 11 www.realestats.net • 360.798.4014

$170.26

3.9%

$193.24 18.5%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Home Sales by Year Built 2015

2016

Average Average Size $

Average $/SF

# Sold

Average $/SF

Ch in $/SF

Before 1960

$211.56

0.6%

1,470

$297,754

785

$232.74 10.0%

1,515

$330,310

700

$256.88 10.4%

1,542

$371,035

648

1960's

$191.31 -3.7%

1,633

$290,900

142

$199.88

4.5%

1,766

$336,659

166

$213.60

6.9%

1,790

$351,539

136

1970's

$173.36 -1.3%

1,614

$274,556

482

$181.40

4.6%

1,677

$295,677

495

$199.84 10.2%

1,734

$328,536

432

1980's

$189.32 -1.7%

1,804

$332,303

209

$182.32

-3.7%

1,893

$333,881

221

$202.03 10.8%

1,829

$360,134

186

1990's

$179.22 -0.7%

1,962

$350,087

559

$185.97

3.8%

2,009

$367,180

581

$203.38

9.4%

2,063

$401,425

485

2000

$184.77 -3.6%

1,795

$311,432

58

$182.97

-1.0%

2,152

$382,711

60

$210.72 15.2%

2,150

$425,406

50

2001

$192.74 -3.4%

1,897

$375,662

56

$191.87

-0.5%

2,085

$391,342

64

$217.70 13.5%

2,316

$520,359

44

2002

$194.60

7.6%

2,028

$392,881

76

$202.43

4.0%

2,284

$461,813

72

$201.78

-0.3%

2,170

$426,246

56

2003

$175.92 -2.7%

2,018

$348,955

82

$173.62

-1.3%

1,948

$334,002

85

$208.16 19.9%

2,221

$451,276

70

2004

$172.04 -4.9%

2,031

$350,831

97

$177.02

2.9%

2,167

$376,752

101

$196.18 10.8%

2,222

$444,549

84

2005

$170.01 -5.4%

2,094

$351,434

129

$168.65

-0.8%

2,118

$353,442

146

$196.39 16.4%

2,210

$427,683

99

2006

$161.55 -1.7%

2,269

$357,215

93

$167.29

3.6%

2,320

$381,448

116

$180.68

8.0%

2,249

$398,646

102

2007

$172.22 -6.3%

2,210

$380,391

85

$176.75

2.6%

2,449

$427,678

81

$197.84 11.9%

2,247

$443,179

80

2008

$175.87 11.5%

2,130

$365,669

52

$177.05

0.7%

2,321

$408,883

54

$196.99 11.3%

2,338

$430,207

38

2009

$189.30 12.3%

2,126

$421,957

29

$187.15

-1.1%

1,981

$380,823

22

$200.74

7.3%

2,095

$422,084

25

2010

$171.12 -2.3%

1,942

$321,324

17

$191.88 12.1%

1,914

$352,555

38

$214.90 12.0%

1,855

$393,128

26

2011

$173.11 -9.9%

1,889

$322,596

22

$185.27

7.0%

1,989

$370,359

31

$225.31 21.6%

2,064

$450,822

16

2012

$182.67

1.4%

1,855

$341,948

30

$185.39

1.5%

2,036

$370,159

28

$212.45 14.6%

1,877

$396,353

26

2013

$175.75

-

2,086

$364,200

44

$196.57 11.9%

2,189

$419,383

33

$208.70

6.2%

1,927

$390,364

32

$195.47

2,046

$398,143

36

$196.26

0.4%

2,032

$382,022

23

$223.27

-

1,846

$408,701

25

New Construction

2015

New Construction

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

Average $/SF

# Sold

Year Built

2014

# Sold

2017

Ch in $/SF

-

Average Average $ Size

New Construction

Ch in $/SF

Average Average $ Size

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

New Single Family Sales by Price Ranges 2014 Range of Prices

Total Per Ch in # Mo # Sld

- $200,000

6

0.5

$200,001

- $225,000

9

$225,001

- $250,000

$250,001

$/SF

Ch in Total Per Ch in $/SF # Mo # Sld

2016

$/SF

Ch in Total Per Ch in $/SF # Mo # Sld

$/SF

Ch in $/SF

$129.78 -0.5%

3

0.3 -50% $150.70 16.1%

1

0.1

-67% $214.29 42.2%

0.8 -18%

$151.79 -3.0%

9

0.8

$145.57 -4.1%

4

0.3

-56% $140.26 -3.6%

33

2.8 -23%

$152.94 -2.1%

21

1.8 -36% $159.91 4.6%

7

0.6

-67% $174.22 8.9%

- $275,000

34

2.8

-8%

$158.20 -2.2%

29

2.4 -15% $164.26 3.8%

14

1.2

-52% $201.03 22.4%

$275,001

- $300,000

36

3.0

6%

$168.02 10.1%

38

3.2

6%

$165.55 -1.5%

33

2.8

-13% $203.84 23.1%

$300,001

- $350,000

68

5.7

11%

$160.18 4.0%

62

5.2

-9%

$181.64 13.4%

53

4.4

-15% $183.19 0.9%

$350,001

- $400,000

41

3.4

14%

$162.70 -3.8%

60

5.0

46%

$174.30 7.1%

44

3.7

-27% $185.37 6.4%

$400,001

- $450,000

21

1.8

50%

$188.06 0.6%

17

1.4 -19% $179.40 -4.6%

43

3.6

153% $191.38 6.7%

$450,001

- $500,000

15

1.3

67%

$195.61 0.7%

24

2.0

14

1.2

-42% $199.80 -3.7%

$500,001

- $600,000

9

0.8

80%

$190.08 8.8%

22

1.8 144% $216.39 13.8%

20

1.7

-9%

$222.07 2.6%

$600,001

- $700,000

2

0.2 100% $196.77 19.5%

4

0.3 100% $228.05 15.9%

5

0.4

25%

$227.68 -0.2%

$700,001

- $800,000

2

0.2

5

0.4

150% $237.55 -7.2%

$800,001

- $900,000

0

0.0 -100%

$900,001

- $1,000,000

1

0.1

1 278

$1,000,001 -

Sky

Overall Total

0%

2015

-

0%

60%

$260.36

-

2

0.2

0%

-

-

0

0.0

-

-

$305.00

-

0

0.1

-

$265.04

-

0

23

8%

Median

Vol XXVII • No 11 www.realestats.net • 360.798.4014

$166.40 3.4% $161.17 0.9%

291

$207.51 6.1%

$255.91 -1.7% -

-

4

0.3

-

$230.20

-

0.0 -100%

-

-

1

0.1

-

$214.12

-

0.0 -100%

-

-

2

0.2

-

$383.55

-

24

5%

$179.07 7.6% $173.13 7.4%

250

20.8 -14% $196.39 9.7% $192.49 11.2%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

New Single Family Sales by Price Ranges with Inventory 2017 Range of Prices

Total Ch in # Per Mo # Sld

Inventory* $/SF

Ch in $/SF

#

# Months

-

$200,000

1

0.1

9%

$138.89

-35.2%

0

0.0

$200,001

-

$225,000

2

0.2

-45%

$143.91

2.6%

0

0.0

$225,001

-

$250,000

6

0.5

-6%

$173.86

-0.2%

0

0.0

$250,001

-

$275,000

5

0.5

-61%

$192.66

-4.2%

0

0.0

$275,001

-

$300,000

25

2.3

-17%

$202.62

-0.6%

1

0.4

$300,001

-

$350,000

48

4.4

-1%

$195.48

6.7%

4

0.9

$350,001

-

$400,000

33

3.0

-18%

$198.46

7.1%

6

2.0

$400,001

-

$450,000

56

5.1

42%

$197.25

3.1%

14

2.8

$450,001

-

$500,000

33

3.0

157%

$197.54

-1.1%

15

5.0

$500,001

-

$600,000

35

3.2

91%

$230.44

3.8%

16

5.0

$600,001

-

$700,000

13

1.2

184%

$234.82

3.1%

6

5.1

$700,001

-

$800,000

6

0.5

31%

$196.53

-17.3%

3

5.5

$800,001

-

$900,000

4

0.4

9%

$268.19

16.5%

1

2.8

$900,001

-

$1,000,000

1

0.1

9%

$269.57

25.9%

0

0.0

$1,000,001

-

Sky

1

0.1

-45%

$250.96

-34.6%

1

11.0

269

24.5

17%

$204.04

3.9%

67

2.7

$199.78

3.8%

*Date

12/18/17

Overall Total Median

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

New Single Family Sales by Zip Code 2016 ZIP

Total #

Per Mo

Ch in #/Mo

98225

14

1.2

98226

56

98229

2017 $/SF

Ch Avg $/SF

Total #

Per Mo

Ch in #/Mo

Avg$

0.2%

$231.57

9.8%

5

0.5

-61.0%

$480,600

11.0% $215.54

-6.9%

$368,624

1.5%

$211.44 12.1%

47

4.3

-8.4%

$434,823

18.0% $225.42

6.6%

-23.3%

$502,825

12.9% $218.28

1.7%

40

3.6

32.2%

$580,967

15.5% $234.45

7.4%

2.6

-29.5%

$383,599

14.5% $183.74 16.2%

35

3.2

23.2%

$444,227

15.8% $186.29

1.4%

0

0.0

-

-

-

-

-

2

0.2

-

$385,500

-

$169.68

-

98244

0

0.0

-100.0%

-

-

-

-

2

0.2

-

$696,373

-

$238.84

-

98247

7

0.6

16.7%

$338,271

-2.0%

11

1.0

71.4%

$378,086

11.8% $185.47

3.6%

98248

57

4.8

-21.9%

$359,024

10.3% $186.73

8.1%

64

5.8

22.5%

$407,710

13.6% $203.25

8.9%

98264

36

3.0

2.9%

$421,328

16.7% $178.20

5.2%

44

4.0

33.3%

$390,485

-7.3%

$194.57

9.2%

98266

2

0.2

0.0%

$216,000

4.0%

$152.94 12.2%

7

0.6

281.8%

$222,397

3.0%

$159.95

4.6%

98276

8

0.7

-11.1%

$300,141

7.4%

$142.59

4.2%

2

0.2

-72.7%

$338,500

12.8% $164.16 15.1%

98284

2

0.2

100.0% $1,483,557 389.8% $383.55 23.3%

1

0.1

-45.5%

$299,900

-79.8% $196.14 -48.9%

98295

4

0.3

-33.3%

9

0.8

145.5%

$298,242

21.2% $138.36

Avg$

Ch in Avg $

27.3%

$432,873

4.7

-5.1%

33

2.8

98230

31

98240

$246,000

Vol XXVII • No 11 www.realestats.net • 360.798.4014

-0.6%

$179.07 13.4%

$147.44 14.6%

Ch in Avg $

$/SF

Ch Avg $/SF

-6.2%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Condo/Attached Sales by Price Ranges 2014 Range of Prices

Total Per # Mo

2015

Ch in # Sld

$/SF

Ch in Total Per Ch in $/SF # Mo # Sld

-

- $175,000

221

18.4

-1%

$139.48

5.1%

260

$175,001

- $200,000

48

4.0

0%

$170.63

6.2%

$200,001

- $225,000

36

3.0

0%

$225,001

- $250,000

23

1.9

$250,001

- $275,000

18

$275,001

- $300,000

$300,001

2016

$/SF

Ch in Total Per $/SF # Mo

Ch in # Sld

$/SF

Ch in $/SF

21.7 18%

$146.97 5.4%

294

24.5

13%

$161.12

9.6%

67

5.6

40%

$172.30 1.0%

79

6.6

18%

$182.62

6.0%

$173.17 -7.3%

45

3.8

25%

$185.78 7.3%

66

5.5

47%

$194.90

4.9%

-28%

$191.17 -3.0%

40

3.3

74%

$199.58 4.4%

52

4.3

30%

$199.28 -0.2%

1.5

20%

$191.33

26

2.2

44%

$203.92 6.6%

37

3.1

42%

$229.98 12.8%

20

1.7

54%

$229.87 17.9%

13

1.1

-35% $224.55 -2.3%

26

2.2

100% $274.82 22.4%

- $350,000

14

1.2

-22%

$236.05 14.2%

28

2.3

100% $219.05 -7.2%

27

2.3

-4%

$235.46

$350,001

- $400,000

13

1.1

-19%

$253.22 -15.3%

26

2.2

100% $310.95 22.8%

27

2.3

4%

$265.53 -14.6%

$400,001

- $450,000

11

0.9

22%

$269.60 -7.4%

5

0.4

-55% $254.37 -5.6%

15

1.3

200% $273.89

$450,001

- $500,000

5

0.4

25%

$278.81 -3.7%

6

0.5

20%

$356.64 27.9%

5

0.4

-17%

$312.78 -12.3%

$500,001

- $600,000

5

0.4

0%

$265.12 -21.7%

6

0.5

20%

$308.87 16.5%

7

0.6

17%

$314.12

$600,001

- $700,000

3

0.3

0%

$348.40 -1.2%

5

0.4

67%

$385.74 10.7%

5

0.4

0%

$700,001

- $800,000

2

0.2

4.5%

2

0.2

0%

$421.50 0.4%

4

0.3

$800,001

- $900,000

0

0.0 -100%

-

-

1

0.1

-

$473.62

-

0

0.0 -100%

-

-

$900,001

- $1,000,000

0

0.0 -100%

-

-

0

0.0

-

-

-

0

0.0

-

-

3

0.3

1

0.1

0

0.0 -100%

-

-

422

35.2

$194.64

5.6%

$172.28

5.1%

$1,000,001 -

Sky

Overall Total

100% $419.85

200% $518.71 -8.2% -1%

Median Median Price

1.7%

$167,900

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

$173.96

2.2%

$155.99

6.5% -3.4%

531

-67% $786.38 51.6%

44.3 26%

$184.25 5.9%

644

53.7

6.6%

7.7%

1.7%

$335.26 -13.1%

100% $398.76 -5.4%

-

21%

$163.86 5.0% $179,000

7.5%

$183,100

2.3%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Condo/Attached Sales by Price Ranges with Inventory 2017

Inventory*

Range of Prices

Total #

Per Mo

Ch in # Sld

$/SF

Ch in $/SF

#

# Months

-

-

$175,000

192

17.5

-29%

$180.25

11.9%

11

0.6

$175,001

-

$200,000

76

6.9

5%

$204.05

11.7%

5

0.7

$200,001

-

$225,000

69

6.3

14%

$220.73

13.3%

3

0.5

$225,001

-

$250,000

58

5.3

22%

$221.26

11.0%

9

1.7

$250,001

-

$275,000

34

3.1

0%

$212.61

-7.6%

7

2.3

$275,001

-

$300,000

28

2.5

17%

$233.91

-14.9%

7

2.8

$300,001

-

$350,000

46

4.2

86%

$237.70

1.0%

7

1.7

$350,001

-

$400,000

17

1.5

-31%

$279.24

5.2%

7

4.5

$400,001

-

$450,000

19

1.7

38%

$287.64

5.0%

4

2.3

$450,001

-

$500,000

10

0.9

118%

$275.43

-11.9%

2

2.2

$500,001

-

$600,000

15

1.4

134%

$316.94

0.9%

1

0.7

$600,001

-

$700,000

7

0.6

53%

$344.04

2.6%

4

6.3

$700,001

-

$800,000

2

0.2

-45%

$381.16

-4.4%

1

5.5

$800,001

-

$900,000

0

0.0

-

-

-

1

-

$900,001

-

$1,000,000

1

0.1

-

$484.83

-

1

11.0

$1,000,001

-

Sky

2

0.2

-

$691.56

-

1

5.5

576

52.4

-2%

$218.14

12.1%

71

1.4

$202.78

17.7%

*Date

12/18/17

Overall Total Median Median Price

Vol XXVII • No 11 www.realestats.net • 360.798.4014

$210,000

14.7%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

New Condo/Attached Sales by Price Ranges 2014 Range of Prices

Total Per Ch in # Mo # Sld

-

- $175,000

3

0.3 -67%

$175,001

- $200,000

0

0.0 -100%

$200,001

- $225,000

1

0.1

$225,001

- $250,000

$250,001

2015

$/SF

Ch in $/SF

$/SF

Ch in $/SF

Total #

Per Ch in Mo # Sld

$/SF

Ch in $/SF

0

0.0 -100%

-

-

3

0.3

-

$344.61

-

0

0.0

-

-

0

0.0

-

-

-

$145.86 -62.2%

0

0.0 -100%

-

-

0

0.0

-

-

-

2

0.2 100% $267.68 -37.5%

2

0.2

$161.06 -39.8%

1

0.1 -50% $183.97 14.2%

- $275,000

1

0.1

0%

$208.83

6.2%

3

0.3 200% $183.43 -12.2%

2

0.2 -33% $246.16 34.2%

$275,001

- $300,000

1

0.1

-

$298.94

-

0

0.0 -100%

8

0.7

$300,001

- $350,000

2

0.2

-

$284.86

-

3

0.3

16

1.3 433% $220.60 42.0%

$350,001

- $400,000

3

0.3 200% $277.21 130.5%

0

0.0 -100%

-

-

0

0.0

-

-

-

$400,001

- $450,000

0

0.0

-

0

0.0

-

-

-

2

0.2

-

$261.49

-

$450,001

- $500,000

1

0.1

0%

1

0.1

0%

2

0.2 100% $306.60 51.9%

$500,001

- $600,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$600,001

- $700,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$700,001

- $800,000

1

0.1

0%

0

0.0 -100%

-

-

1

0.1

-

$181.60

-

$800,001

- $900,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$900,001

- $1,000,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

3

0.3

-

$518.71

-

0

0.0 -100%

-

-

1

0.1

-

$409.24

-

18

1.5

0%

$319.19

8.7%

9

0.8 -50%

36

3.0 300% $243.87 42.5%

$1,000,001 -

Sky

Overall Total

0%

Median Median Price

$271.31 -18.0%

Total Per Ch in # Mo # Sld

2016

-

-

-

-

$318.71 191.5%

$466.29 37.8%

-

0%

50%

$291.09 -17.3% $319,250

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

81.1%

-

-

$155.36 -45.5%

$201.85 -36.7%

$171.15 -46.4%

-

$183.26 -37.0% $270,000

-15.4%

$226.57

-

$232.07 26.6% $304,950

12.9%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

New Condo/Attached Sales by Price Ranges with Inventory 2017

Inventory*

Range of Prices

Total #

Per Mo

Ch in # Sld

$/SF

Ch in $/SF

#

# Months

-

-

$175,000

1

0.1

-64%

$584.32

69.6%

0

0.0

$175,001

-

$200,000

1

0.1

-

$146.77

-

0

0.0

$200,001

-

$225,000

0

0.0

-

-

-

0

-

$225,001

-

$250,000

2

0.2

118%

$408.98

122.3%

0

0.0

$250,001

-

$275,000

2

0.2

9%

$253.12

2.8%

0

0.0

$275,001

-

$300,000

13

1.2

77%

$254.04

12.1%

5

4.2

$300,001

-

$350,000

13

1.2

-11%

$248.23

12.5%

5

4.2

$350,001

-

$400,000

1

0.1

-

$235.46

-

4

44.0

$400,001

-

$450,000

0

0.0

-100%

-

-

1

-

$450,001

-

$500,000

0

0.0

-100%

-

-

0

-

$500,001

-

$600,000

0

0.0

-

-

-

0

-

$600,001

-

$700,000

1

0.1

-

$263.01

-

1

11.0

$700,001

-

$800,000

2

0.2

118%

$346.50

90.8%

10

55.0

$800,001

-

$900,000

3

0.3

-

$391.36

-

7

25.7

$900,001

-

$1,000,000

0

0.0

-

-

-

0

-

$1,000,001

-

Sky

2

0.2

118%

$375.03

-8.4%

5

27.5

41

3.7

24%

$285.38

17.0%

38

10.2

$253.05

9.0%

*Date

12/18/17

Overall Total Median Median Price

Vol XXVII • No 11 www.realestats.net • 360.798.4014

$314,400

3.1%

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

All Condo/Attached Unit Sales by Zip Code 2016

2017

ZIP

Total #

Per Mo

Ch in #/Mo

Avg$

Ch in Avg $

$/SF

Ch Avg $/SF

Total #

Per Mo

Ch in #/Mo

98225

161

13.4

1.3%

$256,568

5.5%

$236.81

4.1%

154

14.0

4.3%

98226

208

17.3

45.5%

$218,820

15.8%

$185.10

10.7%

175

15.9

98229

85

7.1

18.1%

$165,602

-6.8%

$153.54

-1.7%

66

98230

88

7.3

17.3%

$218,010

-4.8%

$207.68

-2.5%

98244

21

1.8

50.0%

$60,415

93.4%

$113.85

98247

9

0.8

125.0%

98248

16

1.3

14.3%

98262

4

0.3

300.0%

98264

61

5.1

15.1%

$213,503

11.9%

98266

0

0.0

-

-

98276

0

0.0

-

-

98281

3

0.3

200.0%

98284

13

1.1

98295

8

0.7

$/SF

Ch Avg $/SF

$306,116 19.3%

$271.65

14.7%

-8.2%

$240,363

9.8%

$211.86

14.5%

6.0

-15.3%

$208,832 26.1%

$189.94

23.7%

111

10.1

37.6%

$254,432 16.7%

$227.40

9.5%

156.4%

12

1.1

-37.7%

$84,117

39.2%

$131.45

15.5%

$243,878 -12.0% $156.79

3.2%

10

0.9

21.2%

$257,610

5.6%

$174.60

11.4%

$171,234

$175.02

35.0%

18

1.6

22.7%

$187,455

9.5%

$178.06

1.7%

$340,125 126.8% $186.65

111.5%

0

0.0

-100.0%

-

-

-

-

$157.49

15.7%

58

5.3

3.7%

$236,519 10.8%

$177.78

12.9%

-

-

-

2

0.2

-

$196,000

-

$157.39

-

-

-

-

1

0.1

-

$179,900

-

$140.00

-

$135,867 -45.7% $136.24

-42.7%

2

0.2

-27.3%

$299,000 120.1% $280.88

106.2%

550.0%

$223,831 -13.8% $583.63

-10.3%

5

0.5

-58.0%

$231,245

3.3%

$488.92

-16.2%

700.0%

$133,563

2.5%

3

0.3

-59.1%

$161,167 20.7%

$121.26

23.3%

Vol XXVII • No 11 LAM@realestats.net • 360.798.4014

8.7%

-8.5%

$98.31

Avg$

Ch in Avg $

©1991-2017 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington November 2017

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Subdivision Lot Sales 2014

Less than an acre Lot Price Range $1,000

-

$50,001

Lots